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Yeah, but you probably rely on a wallet provider, which messes with most of this. The wallet provider can absolutely block a transaction for ideological reasons

Yeah, but you probably rely on a wallet provider, which messes with most of this. The wallet provider can absolutely block a transaction for ideological reasons, and requires you to trust it, and so on. You need to be pretty techy to verify a transaction in the chain yourself, or do any of the other things you talk about. A non-technical person can't do this. They have to trust other people. This really isn't different from trusting that there are gold bars in the vault. It's been what, 5 years ish, since this all blew up? In 5 years you can name 5 hard forks in the major currencies. That's not "rare".

reedjosh 6y ago
> You probably rely on a wallet provider Nope, Cardano, Monero, Polkadot, Tezos and ARRR all kept in my own wallet--backed up with seed phrases. I don't keep BTC as I think it's basically crippled (TPS). I have individual wallets for each on both my PC and phone. I'm staking DOT, XTZ, and ADA from my PC wallets. > In 5 years you can name 5 hard forks in the major currencies. BTC has been around for 13 years--not 5. The forks are success stories. Further, forks grant holders equal amounts on each chain--so no coin is lost in this way. The Hive fork remains a great example of on chain (Proof of Stake) governance, and having beat back a centralized hostile takeover, came back valued higher in post. > A non-technical person can't do this. But it's at least possible. Would you discount science and technology purely because you don't understand it?